Technology & Innovation RTIH lays out this week’s coolest retail technology plays RTIH Editor, Scott Thompson, brings you his top ‘future of retail systems’ deployments from the past week, including drone deliveries, Bitcoin rewards, smart shopping carts, and autonomous convenience stores. Pinterest and Samsung Pinterest has teamed with Samsung to launch of the first ever ‘flippable’ Pin on its platform. The aim is to show people just […] Retail Technology Innovation Hub May 27, 2022May 27, 2022 3 min read Technology & InnovationMarketing: SocialShoppersMetaverseTrends: TechDeliveryDept. HBCCVSInternational - UKWalmartCryptoTwitterPredictions and ForecastsQ CommerceStore LocationInternational - North AmericaPartnershipsPop UpsConsumersTech: CashierlessOmnichannelBrick and MortarPricing & PromotionsStrategyDept. ApparelTrends: RetailPhilanthropyDept. GroceryDept. Natural / OrganicESG and CSRHealth & WellnessOperations & Supply Chainsocial commerceNFT 0 Saving Bookmark this article Bookmarked
Data & Insights CVS to launch virtual primary care solution WOONSOCKET, R.I. — CVS Health announced on Thursday the launch of CVS Health Virtual Primary Care, a new virtual care solution available through a single digital platform. The offering connects CVS Health’s services, clinical expertise, and data for a more coordinated and consumer-centric health care experience. The company said the new solution enables consumers to […] MMR May 26, 2022May 26, 2022 3 min read CVSHealth & WellnessData & InsightsConsumersPredictions and ForecastsDept. HBCStrategyPricing & PromotionsMarketing: Direct & Personalization 0 Saving Bookmark this article Bookmarked
Department: HBC Superdrug expands Skinnydip shop-in-shop experience Superdrug is expanding its Skinnydip shop-in-shop experience following a successful trial. The partnership will see Superdrug offer exclusive Skinnydip lines which will include an expansion for… View Article The Retail Bulletin May 26, 2022May 26, 2022 < 1 min read PartnershipsHealth & WellnessDept. HBC 0 Saving Bookmark this article Bookmarked
Corporate Strategy Glossier founder Emily Weiss steps down as CEO Kyle Leahy, who joined the DTC beauty brand last year as chief commercial officer, is taking the reins. RetailDive May 24, 2022May 24, 2022 < 1 min read ExecutivesDept. HBC 0 Saving Bookmark this article Bookmarked
Department & Category Bausch + Lomb gets Health Canada approval for Lumify VAUGHAN, Ontario — Bausch + Lomb Corp. announced that Health Canada has approved Lumify (brimonidine tartrate ophthalmic solution 0.025% w/v), the first and only over-the-counter eye drop developed with low-dose brimonidine tartrate to relieve redness of the eye due to minor eye irritations for adults. “With Health Canada’s approval of LUMIFY, we are excited to […] MMR May 24, 2022May 24, 2022 2 min read International - North AmericaHealth & WellnessConsumersInsight ProvidersESG and CSRSustainabilityResults & InvestmentMarketing: SocialInternational - UKGovernmentDept. PharmacyDept. HBCDept. Grocery 0 Saving Bookmark this article Bookmarked
Agencies & Vendors Household Products: Their Need to Go Green or Go Home Empty shelves and $10 bottles of hand sanitizer….ah, those were NOT the days. But working from home, learning to cook for ourselves, and becoming increasingly more aware of how dirty the world can be has created a need for more household cleaning products. COVID-19 turned cleaning brands into lifestyle brands and built disinfecting habits consumers […] RangeMe May 24, 2022May 24, 2022 7 min read VendorsSustainabilityDept. NonfoodConsumersData & InsightsPackagingMarketing: SocialTikTokTechnology & InnovationCOVID19Health & WellnessDept. PaperDept. LaundryOperations & Supply ChainDept. GroceryDept. HBCTrends: Food and BeverageDept. Natural / OrganicESG and CSRDeliveryDept. BeverageDept. ApparelWalmartMarketing: TradeMerchandisingPredictions and ForecastsPricing & PromotionsShoppersBrick and Mortar 0 Saving Bookmark this article Bookmarked
Department: HBC Introducing The Evolution of CBD Retail SHERIDAN, Wyo., May 24, 2022 /PRNewswire/ — We’re excited to introduce an evolutionary step in CBD sales with www.gonzogummies.com. Over the last 3 years as CBD has exploded in popularity consumers are faced with either a more expensive in-store experience which was designed to provide… PR Newswire May 24, 2022May 24, 2022 < 1 min read Dept. HBCCannabisConsumersMarketing: In Store 0 Saving Bookmark this article Bookmarked
Channel: Specialty & Other Best Buy Revises Its FY23 Plans After Q1 Struggle Best Buy hasn’t been able to withstand the economic triple whammy of a pandemic, supply chain snags and a looming recession as well as some other brands, and that struggle has the company rethinking what lies ahead for it the rest of this fiscal year. While Best Buy stock continued to rise in early trading […] Pymnts.com May 24, 2022May 24, 2022 2 min read Best BuyBrick and MortarTechnology & InnovationCOVID19Predictions and ForecastsHealth & WellnessEconomyOperations & Supply ChainMarketing: SocialResults & InvestmentExecutivesDept. HBCSustainabilityPress ReleaseAssociates 0 Saving Bookmark this article Bookmarked
Technology & Innovation 3 big trends inspiring beauty innovations in 2022 Beauty and personal care (BPC) innovations that have really caught our attention so far in 2022 are tapping into interest in the metaverse, being vocal about value, and engaging consumers with some much needed escapism. 1. Brands utilise interest in the metaverse to blur digital and physical worlds The hype around the metaverse – that […] Mintel May 24, 2022May 24, 2022 < 1 min read MetaverseDept. HBCTrends: TechConsumers 0 Saving Bookmark this article Bookmarked
Channel: Drug Peters, Rauch, Visalatha join Walgreens’ top management DEERFIELD, Ill. — Walgreens this month added three executive positions to its leadership team, a move the national pharmacy chain said was made to bolster its retail, marketing and customer-experience offerings. The newest team members are Linh Peters, senior vice president and chief marketing officer; Luke Rauch, senior vice president and chief merchandising officer; and […] MMR May 23, 2022May 23, 2022 2 min read WalgreensShoppersExecutivesCustomer ExperienceCustomer ExperienceOmnichannelConsumersStrategyMerchandisingMarketing: Loyalty & SubscriptionWalmartAssociatesHealth & WellnessDept. PharmacyDept. HBCData & InsightsPhilanthropyRestaurantsTarget 0 Saving Bookmark this article Bookmarked
Trends & External Forces Pharmacy is ripe for a bigger role PALM BEACH, Fla. — The retail pharmacy industry really demonstrated its value to the American health care system in its response to the COVID-19 pandemic, outgoing National Association of Chain Drug Stores chair Colleen Lindholz asserted during her remarks at the association’s Annual Meeting here last month. The challenge going forward will be to build […] MMR May 23, 2022May 23, 2022 3 min read COVID19Dept. PharmacyKrogerHealth & WellnessGovernmentExecutivesDept. HBCESG and CSRSustainabilityPredictions and ForecastsBrick and Mortar 0 Saving Bookmark this article Bookmarked
Channel: Mass New Meijer supercenters anchor growing areas GRAND RAPIDS, Mich. — Meijer recently opened two new supercenters in northeast Ohio. Located in Brunswick and Canton, the 155,000-square-foot stores are considered retail anchors in developing communities, the company said in announcing grand openings at both locations. Each supercenter offers consumers a state-of-the-art retail experience that features multiple ways to shop, Meijer said. “These […] MMR May 23, 2022May 23, 2022 2 min read MeijerDept. FreshBrick and MortarExecutivesStore LocationShoppersPricing & PromotionsConsumersDept. HBCDept. PerimeterPartnershipsOperations & Supply ChainInclusivityHealth & WellnessDept. Natural / OrganicDept. RefrigeratedDept. PharmacyDept. PetDept. DairyDept. BabyDept. ApparelTechnology & Innovation 0 Saving Bookmark this article Bookmarked
Trends & External Forces Elation pervades in-person NACDS meeting PALM BEACH, Fla. — There was a distinctly celebratory air here during the NACDS Annual Meeting last month. Both NACDS president and chief executive officer Steve Anderson and incoming chairman Brian Nightengale, president of Good Neighbor Pharmacies, paid tribute to the role that community pharmacy and its suppliers filled during the height of the ongoing […] MMR May 23, 2022May 23, 2022 3 min read Dept. PharmacyHealth & WellnessCOVID19Dept. HBCConsumersExecutivesAssociatesPredictions and ForecastsSustainabilityDelivery 0 Saving Bookmark this article Bookmarked
Shopper & Customer To Keep Up in Today’s Market, Retailers Must Be More than Competitive—They Must Be Dynamic Retail is getting more competitive by the day. And while the retail landscape has become increasingly saturated over the last few decades, the 2020 e-commerce boom brought more options to the digital market than ever before. As a result, retailers and brands must strategize new ways to save time, boost profits, and grow—all while meeting […] Rethink Retail May 23, 2022May 23, 2022 3 min read ShoppersData & InsightsConsumersTechnology & InnovationIndustry Conferences and EventsMerchandisingCompetitionDept. ApparelVendorsBrick and MortarPredictions and ForecastsTrends: RetailStrategyDept. Consumer ElectronicsDept. NonfoodExecutivesAssociatesInternational - UKSustainabilityPackagingDept. HBCAmazon 0 Saving Bookmark this article Bookmarked
Partnerships & Alt Profit Boots re-couples with Love Island Boots has teamed up with ITV2’s Love Island programme for a second year running. The partnership will see Boots stock the villa with a range of… View Article The Retail Bulletin May 22, 2022May 22, 2022 < 1 min read PartnershipsHealth & WellnessDept. HBC 0 Saving Bookmark this article Bookmarked
Partnerships & Alt Profit Inside Natori’s Transformation from High-End Wholesaler to Omnichannel Brand A 45-year-old family-owned luxury business might not be the kind of company one expects to be at the cutting edge of digital commerce, but thanks to President Ken Natori, the company’s second-generation leader, Natori is just that. The designer fashion brand launched its own ecommerce operation in 2008, at a time when many other high-end […] Retail TouchPoints May 21, 2022May 21, 2022 6 min read PartnershipsOmnichannelDept. ApparelExecutivesBigCommerceBrick and MortarMerchandisingTechnology & InnovationDept. PetAmazonMarketing: SocialCOVID19StrategyShoppersOperations & Supply ChainESG and CSRsocial commerceMarketing: Loyalty & SubscriptionConsumersAssociatesMeta (Facebook)Data & InsightsDept. BeveragePackagingResults & InvestmentPredictions and ForecastsDept. HBC 0 Saving Bookmark this article Bookmarked
Technology & Innovation Ulta Launches Retail Media Network, Sephora Likely Not Far Behind Ulta Beauty is the latest retailer to launch a retail media network, aiming to tap into the growing pool of ad dollars flowing into closed-loop systems as marketers look beyond search engines and social media in preparation for a cookie-less future. Ulta’s new offering, which the retailer first announced in late 2021, is called UB […] Retail TouchPoints May 21, 2022May 21, 2022 2 min read Technology & InnovationMarketing: Retail MediaDept. HBCPartnershipsPredictions and ForecastsESG and CSRData & InsightsMarketing: SocialConsumersOperations & Supply ChainPricing & PromotionsStrategyConsulting 0 Saving Bookmark this article Bookmarked
Department: HBC Demand for inclusivity in beauty gets louder: 25% of Gen Z feel left out of beauty advertisements While the beauty industry has made strides to become more inclusive, there is still room for improvement. According to the latest research from Mintel, almost one in five (17%) US consumers feel left out of beauty advertisements, rising to a quarter (25%) of Gen Z consumers*. Cookie-cutter beauty standards are losing favor, as nearly half […] Mintel May 20, 2022May 20, 2022 < 1 min read Dept. HBCConsumersInclusivityTechnology & Innovation 0 Saving Bookmark this article Bookmarked
Retailer Media Ulta Beauty to Debut New Retail Media Network Ulta Beauty is joining several major retail chains by introducing a new retail media network. Known as UB Media, the network allows brands to send targeted ads on Ulta Beauty’s app, website and other digital channels, such as email. It also lets marketers use Ulta Beauty’s shopper data to better place ads across the web. […] Joe Keenan May 19, 2022May 19, 2022 < 1 min read Marketing: Retail MediaDept. HBCData & InsightsTargetShoppersMarketing: Loyalty & SubscriptionPredictions and ForecastsHome DepotMarketing: Direct & PersonalizationWalmartTechnology & InnovationPartnershipsAmazon 0 Saving Bookmark this article Bookmarked
Channel: Mass Target’s Out-of-Stock SKUs Soar Target’s online out-of-stock SKUs soared from 5% in 2020Q1 to 15% in 2022Q1 according to Earnest Research Retail Pricing data. Out-of-stock SKUs, a proxy for unavailable products, initially jumped in the beginning of the pandemic. Around 20% of Apparel & Accessories items listed on Target’s site were out-of-stock in 2021, compared to 14% in 2020. […] Earnest Research - DataBites May 19, 2022May 19, 2022 2 min read TargetTechnology & InnovationResults & InvestmentData & InsightsDept. NonfoodCOVID19Marketing: SocialEconomyDept. ApparelDept. BeverageConsumersDept. HBCDept. GroceryOperations & Supply Chain 0 Saving Bookmark this article Bookmarked
Department: HBC FMI launches new GM and HBC initiative ARLINGTON, Va. — FMI – The Food Industry Association is launching a new initiative aimed at boosting general merchandise & health and beauty care (GM & HBC) sales in grocery stores. Led by consumer goods and retail industry veteran Tom Duffy, FMI’s new program will aim to “establish community engagement, a portfolio of insights and […] MMR May 19, 2022May 19, 2022 2 min read Dept. HBCConsumersPartnershipsExecutivesDept. GroceryHealth & WellnessResults & InvestmentData & InsightsDept. BeverageVendorsInsight ProvidersMarketing: SocialStrategySustainabilityBrick and MortarAssociates 0 Saving Bookmark this article Bookmarked
Data & Insights Ulta unveils media network powered by data from 37M rewards members The beauty brand is leaning into its scale as rivals like Sephora appear to be plotting a similar expansion into advertising. RetailDive May 19, 2022May 19, 2022 < 1 min read Data & InsightsDept. HBC 0 Saving Bookmark this article Bookmarked
Retailer Media Ulta Beauty Launches Retail Media Network, UB Media Ulta Beauty, the nation’s largest beauty retailer, today announced the launch of its retail media network, UB Media, to offer brands addressable advertising leveraging its Ultamate Rewards members, the biggest community of beauty enthusiasts in the industry. This new capability will deliver a winning digital strategy for brand partners to personalize consumer engagement, drive growth, and fuel measurable returns. BusinessWire - Retail May 19, 2022May 19, 2022 3 min read Marketing: Retail MediaDept. HBCPartnerships 0 Saving Bookmark this article Bookmarked
Operations & Supply Chain Nordstrom Local to Summer in the Hamptons Taking its Nordstrom Local pop-up concept to swanky environs this year, the luxury retailer will open an 850-square-foot location in Southampton, N.Y. from May 27 through Sept. 7. Nordstrom customers will have access to an array of services at this location as visitors descend upon the town that is known as a summer haven. Blending […] Retail TouchPoints May 18, 2022May 18, 2022 2 min read ReturnsPackagingSustainabilityDept. HBCStore LocationPop UpsBOPISDept. ApparelDept. NonfoodPredictions and ForecastsStrategyBrick and Mortar 0 Saving Bookmark this article Bookmarked
Trends & External Forces We’re selling half of a retail holding to get into an undervalued health care stock The high grading of our portfolio continued Wednesday morning, with the moves made on American Eagle Outfitters and Johnson & Johnson. CNBC May 18, 2022May 18, 2022 < 1 min read Health & WellnessDept. HBC 0 Saving Bookmark this article Bookmarked
Channel: Mass Target earnings hit by higher costs MINNEAPOLIS – Target Corp. today said sales increased in its first quarter but higher costs impinged on profits. Comparable sales increased 3.3% in the quarter, reflecting traffic growth of 3.9%, the company said. Store comps were up 3.4% while digital comps increased 3.2%. Sales growth was led by frequently purchased categories, including food and beverage, […] MMR May 18, 2022May 18, 2022 2 min read TargetResults & InvestmentBOPISExecutivesDept. BeverageEconomyDeliveryDept. GroceryDept. HBCDept. NonfoodMarketing: SocialOperations & Supply ChainPredictions and ForecastsStore LocationBrick and MortarWalmart 0 Saving Bookmark this article Bookmarked
Channel: Drug Cooler Screens Partners With Place Exchange to Connect Brands With Programmatic In-store Advertising Cooler Screens, which is creating the world’s largest in-store digital media platform, unveils a partnership with Place Exchange for programmatic ad buying opportunities of in-store media for omnichannel ad campaigns. Cooler Screens May 18, 2022May 19, 2022 3 min read ConsumersPartnershipsMarketing: Digital MediaMarketing: In StoreOmnichannelTechnology & InnovationMarketing: Retail MediaShoppersAgenciesWalgreensDept. BeverageBrick and MortarPhilanthropyMerchandisingPricing & PromotionsMarketing: OOHDept. GroceryCVSExecutivesKrogerGiant EagleHealth & WellnessDept. HBCOperations & Supply ChainOwned Brands (Private Label)DeliveryData & InsightsCOVID19TargetTech: IoT 0 Saving Bookmark this article Bookmarked
Shopper & Customer The Cascading Challenge of Merchant-Driven Product Attributes The most common excuse made in the world of business and commerce — often said defensively, in hushed tones and with no small degree of implied embarrassment — is, “it’s the way we’ve always done it.” Well, we’re only human, after all. Stagnation and stasis and the comfort of the known often keeps us from […] Jay Hinman May 17, 2022May 17, 2022 3 min read Technology & InnovationShoppersDept. ApparelConsumersPredictions and ForecastsStrategyMerchandisingMarketing: SocialMarketing: BrandBrick and MortarOperations & Supply ChainTech: AIDept. HBCAI / ML 0 Saving Bookmark this article Bookmarked
Channel: Ecommerce & Digital Retailers Competing Hard For Media/Ad Dollars Business Insider reports on how “retailers are gunning for advertising dollars. “Retail ad is predicted to grow 31% to $41 billion this year, and, Amazon, Walmart, Instacart, and others are building ad businesses to get a piece of it. “They’re betting on the growth of e-commerce and the hope of offsetting retail’s thin margins by […] MorningNewsBeat May 17, 2022May 17, 2022 2 min read Data & InsightsAmazonInstacartInternationalMarketing: Retail MediaShopifyTargetConsumersWalmartMarketing: SocialShoppersMeta (Facebook)GoogleDeliveryWalgreensMarketing: BroadcastPredictions and ForecastsExecutivesESG and CSREconomyDept. HBCTechnology & Innovation 0 Saving Bookmark this article Bookmarked
Channel: Restaurants Restaurants and Customers Agree: Short Lines Are Simply Better Imagine sitting at a crowded restaurant after a meal with friends and it’s 11 p.m. at night. Suddenly, it seems everyone wants their check at the same time, leaving the few waiters struggling to cater to eager guests who already have one foot out the door. In an interview with PYMNTS, Adnan Haque, CEO at […] Pymnts.com May 17, 2022May 17, 2022 3 min read RestaurantsTechnology & InnovationShoppersTrends: FinanceCOVID19AssociatesExecutivesResults & InvestmentConsumersMarketing: SocialDept. HBCData & InsightsOperations & Supply Chain 0 Saving Bookmark this article Bookmarked
Channel: Dollar/Value Channel: Dollar/Value Corporate Strategy Corporate Finance Department: Consumer Durables Media & Marketing Shopper & Customer Technology & Innovation Trends & External Forces Operations & Supply Chain Stores & Formats Dollar General post strong sales gains in first quarter GOODLETTSVILLE, Tenn. — Dollar General on Thursday reported net sales of $8.8 billion for its fiscal year 2022 first quarter, an increase of 4.2% over the prior-year period. The net sales increase was primarily driven by positive sales contributions from new stores, partially offset by a slight decline in same-store sales and the impact of […] Written by MMR May 26, 2022May 26, 2022 Saving Bookmark this article Bookmarked
Data & Insights Corporate Strategy Department: HBC Media & Marketing Data & Insights Shopper & Customer Trends & External Forces Merchandising CVS to launch virtual primary care solution WOONSOCKET, R.I. — CVS Health announced on Thursday the launch of CVS Health Virtual Primary Care, a new virtual care solution available through a single digital platform. The offering connects CVS Health’s services, clinical expertise, and data for a more coordinated and consumer-centric health care experience. The company said the new solution enables consumers to […] Written by MMR May 26, 2022May 26, 2022 Saving Bookmark this article Bookmarked
Retailer Media Corporate Strategy Media & Marketing Retailer Media Data & Insights 22% Of Brands Are Unhappy With How They Allocate Their Retail Media Budget. But There’s a Better Way Retail media networks (RMNs) are an exciting place to run ads, because of the valuable first-party data that retailers have about their customers. RMNs create an ability to target a specific retailer’s customers and provide valuable insights into how people shop. And brands certainly are not hurting for choices. Just last week, Ulta announced a media network and the hotel chain, Marriott, the week prior. Written by Bobsled Marketing May 26, 2022May 26, 2022 Saving Bookmark this article Bookmarked
Corporate Finance Retail Earnings Confuse Rather than Clarify Earnings, and retail earnings in particular, are not as straightforward as they sometimes seem. Written by NASDAQ May 26, 2022May 26, 2022 Saving Bookmark this article Bookmarked
Technology & Innovation Partnerships & Alt Profit Media & Marketing Data & Insights Shopper & Customer Technology & Innovation Trends & External Forces Associates & Employees Merchandising Operations & Supply Chain Stores & Formats Developing a Perfect Store Strategy in 2022 In 2022, the perfect store is rooted in constant evolution — a system that maybe isn’t perfect in every moment, but is agile always, malleable when needed, and capable of critical self-reflection. These innate characteristics of the modern perfect store are supported by, and in return support, the adoption of a few important technologies and […] Written by Dor Sela May 26, 2022May 26, 2022 Saving Bookmark this article Bookmarked